from the decline in construction material sales in line with the slowed down in the real estate sector. Additionally, investment in machinery and equipment also contracted as exhibited by the decline in

-cycle of electronic products. In the tourism sector, the number of tourist arrivals for the first five months of 2019 increased 1.6% yoy while the number of Chinese tourists which contribute about 29% of

the tourism sector, the number of tourist arrivals for the first half of 2019 increased 1.5% yoy while the number of Chinese tourists which contribute about 29% of total tourist arrivals still exhibited

the increase were mainly due to increased revenue from animation segment and reverse allowance for doubtful account from 2018 Analysis of operating result Revenue Business categories/Segments For the

the consolidated net debt to equity ratio was considerably low at 0.25 time. Overall Financial Performance and Profitability Business Segment of GFPT Group 2Q 2020 2Q 2019 Change 6M 2020 6M 2019 Change

contribution of the Engineering division experienced a peak 16mTHB EBITDA contribution. Looking forward in Q2 2018 with the contribution of the 7 kilns operating in Golden Lime and 2 more in the fully

Segment Grouping In 2019, the Company has changed reportable segments. The strategic divisions offer different products and services and are managed separately because they require different business

188 61% 1,037 853 21% Net Operating Debt to Equity (times) 0.53 0.45 0.57 (7)% 0.53 0.57 (7)% 1Consolidated financials are based upon elimination of intra-company (or intra-business segment

2nd Quarter 2018 Page 2 of 13 Overall Financial Performance and Profitability Business Segment 2Q 2018 2Q 2017 Change 6M 2018 6M 2017 Change THB million % THB million % THB million % THB million % THB

million, a decrease of THB 266.8 million YoY (or -4.3%) due mainly to lower sales from Beverages segment (THB -276.8 million or -5.9% YoY) and lower OEM bottles sales (THB -72.5 million or –25.4% YoY